The benefits or customer value received by users of a product is called __________.
A)utility
B)synergy
C)consumerism
D)cost-benefit ratio
E)buyer-seller reciprocity

Name: The benefits or customer value received by users of a product is called __________. A)utility B)synergy C)consumerism D)cost-benefit ratio E)buyer-seller reciprocity
Brand: Quizplus
Rating: 4.8 (38 reviews)

Question

Quizplus · Accepted Answer

The benefits or customer value received by users of a product is known as utility. Utility refers to the ability of a product to satisfy customer wants and needs.

The Benefits or Customer Value Received by Users of a Product